$465,000
$485,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
485-487 Sherbrooke ST Peterborough, ON K9J 2P2
4 Beds
3 Baths
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X8336240
Sold Date 11/01/24
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,859
Tax Year 2023
Property Description
Approximately 7% Cap and "Additional Residential Unit Potential". This side-by-side triplex has 2 one bedroom units at 485 that are currently vacant. Both have been freshly painted and are ready for new tenants at market rents. The landlord pays utilities on this side. 487 is a two storey, two bedroom unit, with long term tenants that would like to stay. They pay $982 plus heat, hydro, water and sewer, as well as yard maintenance. The property has plenty of potential, as the lot is 240 feet deep. This would potentially allow for additional Residential Units to be build out back. Great potential here for the investor, or live in one unit and rent the others. Home Inspection available and easy to show. (Potential Buyers to consult the City of Peterborough regarding any ARU potential)
Location
Province ON
County Peterborough
Zoning R2
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features On Demand Water Heater
Cooling None
Exterior
Garage Private
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 6
Building
Foundation Stone
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